Hamilton property market surging ahead

A strong local economy
and increasing job opportunities is driving a growing demand
for real estate in Hamilton City.

So much so that
Hamilton’s largest real estate group, Harcourts Hamilton,
is expanding with the opening of its eighth office in
Rototuna.

Harcourts Hamilton owner Brian King says people
are relocating to the city to take advantage of the job
market.

“We have a good local economy, our commercial
sector is growing and so is our population. I have a real
confidence in our real estate market and I think it’s
going to continue to improve.”

Brian, and business
partner Davinder Singh, have been working in real estate
within Hamilton for a combined total of over 55 years, so
both have a keen understanding of market trends and
cycles.

Brian says the loan-to-value restrictions
introduced in October last year temporarily put the brakes
on for first home buyers, however that market is beginning
to recover as people find alternative ways to come up with
20% deposits.

While Hamilton’s market has not reached
the overheated levels of Auckland, the city is experiencing
increases in prices. The average price now sits at $360,883,
which is up 10% on the same time last year.

Brian says
this is good for people looking to sell, and expected
continuing high demand means people wishing to get on the
property ladder should do so sooner rather than
later.

Brian and Davinder are well known around Hamilton
for more than their expertise in real estate. They are
committed to helping local charities and improving the lives
of people within the Waikato.

Over the years the pair have
worked tirelessly to raise money for hundreds of causes,
including children’s charities, hospice, cancer, epilepsy,
heart health, schools and sports clubs.

A survivor of
lymphoma, Brian is particularly passionate about medical and
cancer related causes.

He is a member of the Waikato
Hospice Foundation and is a strong advocate for the Medical
Research Foundation.

Brian says he feels strongly about
doing as much as he can to support people who are
suffering.

“If we all do our little bit, we can together
achieve so much to change someone’s life.”

It’s this
dedication to helping others, as well as a commitment to
providing a first class experience to clients that has
helped Harcourts Hamilton become the biggest real estate
group within the Waikato.

Brian says Harcourts Hamilton is
privately owned and operated by Hamilton locals who
understand and are committed to the community they live
in.

Today they have a team of over 80 sales consultants,
with more than a third of that number having been with
Harcourts Hamilton for more than 10 years.

“We are an
experienced team and we are all excited about the
soon-to-open Rototuna office. We already have 12 sales
consultants ready to join the office and serve our community
in the north-east of Hamilton. At Harcourts Hamilton we aim
to create clients for life through our outstanding service
and look forward to extending the same philosophy in our
Rototuna office.”

The Rototuna office will complement
the already established Harcourts Chartwell office in
servicing the north-east of the city.

Harcourts CEO Hayden
Duncan says Brian, Davinder and the team at Harcourts
Hamilton are the real estate experts in Hamilton and the
fact they are expanding is an excellent indicator the local
market is buoyant.

“No one has a better local knowledge
than Brian and Davinder. If you want real estate advice or
to get a better understanding of market trends, Harcourts
Hamilton should be your first
stop.”

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